Category: 2. Trading the News

Summary: Trading the News

When trading the news, you can either have a directional bias or a non-directional bias. Here are some other things to keep in mind when news trading: When you have a directional bias, you are expecting price to move a certain direction, and you’ve got your orders in already. It...
Read More

How to Trade the News Using the Straddle Trade Strategy

What if there was a way to make money quickly even if you had no idea whether the market would move up or down? It’s possible as long as there is sufficient price volatility. And when can you get this volatility? When news like economic data or central bank announcements...
Read More

How to Trade the News With a Directional Bias

Let’s now see how to trade the news with a directional bias in a trading scenario. Let’s go back to our example of the U.S. unemployment rate report. Scenario: If the U.S. Unemployment Report showed improvement, why did USD still weaken? Earlier, we gave examples of what could happen...
Read More

How to Trade Forex on News Releases

Before developing a ‘Trade the News” strategy, we have to look at which news events are even worth trading. You want to be able to answer, “Which news releases should I trade?” Forex traders should familiarize themselves with the key event risks that heavily impact the major currencies. Remember that we are...
Read More

Beginner’s Guide to Forex News Trading

As forex traders, it’s important to pay attention to major economic data releases, speeches from government officials, and geopolitical events. Why? Because this information usually reflects the strength of a given economy and may indicate the future direction of a given currency. Trading the news is often difficult and not...
Read More

News Makes the Forex Market Move

It’s not enough to only know technical analysis when you trade. It’s just as important to know what makes the forex market move. Just like in the great Star Wars world, behind the trend lines, double tops, and head and shoulder patterns, there is a fundamental force behind these movements. This...
Read More